US arrests two Chinese nationals in $73 million crypto scam

US authorities arrested Daren Li and Yicheng Zhang in connection with a $73 million money laundering scheme.
The defendants laundered the money via US and international bank accounts.
Proceeds of the investment scam were converted to the USDT stablecoin.The US Department of Justice has charged two Chinese nationals alleged to have played a prominent role in a scheme that laundered $73 million in cryptocurrency investment schemes.
According to an indictment unsealed on Thursday in the Central Di